Cairo – Mubasher: The Ordinary General Meeting (OGM) of Egypt Aluminium approved the amended profit distribution statement for the fiscal year 2025/2026, which includes distributing cash dividends to shareholders at EGP 15 per share.
In a statement to the Egyptian Exchange (EGX) today, the company explained that the OGM ratified the financial statements for the fiscal year ended June 30, 2026, recording a net profit of EGP 15.49 billion.
The distribution statement indicated that the total shareholders' share reached EGP 6.6 billion, allocated as EGP 5.92 billion for the holding company and EGP 670.7 million for the remaining shareholders, while the employees' share amounted to EGP 1.04 billion.
The OGM also approved the company's contribution of EGP 55 million to the Private Insurance Fund for Employees, as well as the approval of paying the periodic allowance for employees at a rate of 100%.
Furthermore, the Assembly directed the prompt completion of feasibility studies for new investment projects, including a project to increase production capacity by 300,000 tons, aluminum foil production projects, and scrap recycling, in addition to accelerating the establishment of a solar power plant to reduce production costs.
